000 01082nam a22001577a 4500
999 _c522880
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008 230609b ||||| |||| 00| 0 eng d
100 _aBrueckner, J.K., Kahn, M.E. and Lin G.C.
_941728
245 _aA new spatial hedonic equilibrium in the emerging work-from-home economy?
260 _aAmerican Economic Journal: Applied Economics
300 _a15(2), Apr, 2023: p.285-319
520 _aThis paper studies the impacts of work from home (WFH) in the housing market from both intercity and intracity perspectives. Our results confirm the theoretical prediction that WFH puts downward pressure on housing prices and rents in high-productivity counties, a result of workers starting to relocate to cheaper metro areas during the pandemic without forsaking their desirable jobs. We also show that WFH tends to flatten intracity house-price gradients, weakening the price premium associated with good job access.- Reproduced
650 _aWork-from-home economy
_941729
773 _aAmerican Economic Journal: Applied Economics
906 _aWORK ENVIRONMENT
942 _cAR